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  2. Payroll loans: What to know

    www.aol.com/finance/payroll-loans-know-154028621...

    Type of loan. Best for. Typical terms. Short-term loan. Fast funding for an emergency. Often unsecured with financing up to $250,000 (sometimes more) Repayment periods of 24 months or under

  3. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

  4. Types of small business loans offered at banks - AOL

    www.aol.com/finance/types-small-business-loans...

    SBA 7 (a) loan. The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll ...

  5. PPP program was awash in fraud. Now, one lender may finally ...

    www.aol.com/news/ppp-program-awash-fraud-now...

    The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that ...

  6. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3] The American Rescue Plan Act of 2021, signed into law ...

  7. SBA loan guide: What they are and how to apply - AOL

    www.aol.com/finance/sba-loan-guide-apply...

    An SBA loan gives your small business access to government-backed funding. ... payroll, expansion, equipment. 504 loans. Long-term financing for real estate and large equipment. Microloans ...

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